Bitcoin Bollinger Bands Tighten After Weeks of Consolidation
A volatility indicator called Bollinger Bands, or bbands for short, has significantly tightened recently, suggesting a sharp move is to be expected. Bollinger Bands are a type of price envelope developed by John Bollinger who now and then tweets about bitcoin. They also suggest that after a period of low volatility, high volatility follows, and vice versa. Bitcoin currently has […]
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